Felix Pinkston Aug 23, 2024 11:55 The Hong Kong Monetary Authority (HKMA) has issued an alert regarding fraudulent websites and phishing messages linked to Industrial and Commercial Bank of China (Asi...
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GBP/JPY higher as Pound Sterling outperforms on run of positive data
GBP/JPY makes gains after a run of positive data out of the UK, including strong PMIs. Upside is limited by the strength of the Yen after comments from BoJ governor Ueda. Japanese inflation data rais...
Avalanche Price Surges 36% as Grayscale Announces AVAX Trust
Avalanche price broke above $26.60 on August 23, gaining 35.9% over the past week. Market indicators suggest this rally is driven by investor excitement following Grayscale’s recent announcement. AVAX...
Expert Trader Who Predicted Shiba Inu's Meteoric Rise in 2021 Reveals Must-Have Meme Coin for 2024 Bull Run Gains, Recently Skyrocketed 100%
In 2021, Shiba Inu (SHIB) experienced an unprecedented rise from nearly zero to a peak of $0.00008, generating incredible returns for early adopters. This dramatic increase caught the attention of man...
Canada Retail Sales (MoM) in line with forecasts (-0.3%) in June
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in...
China Extradites Architect of 100 Billion Yuan Crypto Scam
China has successfully extradited Zhang Moumou, a key figure in a massive crypto scam, from Thailand. Zhang was behind a scheme involving over 10 million people and accumulating over 100 billion yuan....
RFK Steps Down from Arizona Race, Donald Trump Announces Special Guest for His Rally
The US Presidential race is undoubtedly one of the most important political events in 2024, and it will likely impact the global economy as well. The two frontrunners for the respective parties are Ka...
Poised to test the last month’s high at 0.6800 – UOB Group
The Australian Dollar (AUD) could continue to advance, possibly to last month’s high, near 0.6800, UOB Group FX strategists Quek Ser Leang and Peter Chia note. 0.6800 is the next level to watch 24-HOU...
Russia plans to set up crypto exchanges to support global trade
Key Takeaways Russia plans to establish crypto exchanges in Moscow and St Petersburg to support international trade. The exchanges will use stablecoins linked to the Chinese yuan and BRICS currencies ...
Coinbase to launch perpetual futures for Render
Coinbase to launch perpetual futures for Render. RNDR’s trading volume soars by 47.64% as prices surged by 7.72%. Over the past week, crypto markets have attempted to reverse from the earlier market c...
Double Your Portfolio or Fuel 100X Growth?
As the crypto market continues to evolve, certain alternative coins show strong signs of potential. Speculations and trends indicate that a few standout altcoins might surge in value soon. Crypto enth...
Bitcoin Price Crosses $62,000 as Fed’s Powell Suggests Rate Cuts
Disclaimer In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committe...
Tron Founder Criticized For 12K BTC Cut From USDD Collateral
Amid the memecoin frenzy on the Tron network, Justin Sun is facing backlash for the controversial removal of over $700 million in Bitcoin (BTC) as USDD’s collateral without the Tron DAO Reserve’s vote...
Moves towards the support area at 1.3550/60 – Scotiabank
The Canadian Dollar (CAD) retains a firm undertone but is struggling to extend gains beyond the upper 1.35 zone, Scotiabank’s Chief FX Strategist Shaun Osborne notes. USD decline has room to run “Our ...
Bitcoin (BTC) Poised for Breakout: Analysts Predict Major Price Surge Ahead
Bitcoin (BTC) is on the cusp of a significant price breakout according to market analysts. The shift from bearish to bullish sentiment indicates that a new upward trend may be imminent. Notable crypto...
Layer-2 Meme Coin Pepe Unchained Raises $10M in Presale Event
Berlin, Germany, August 23rd, 2024, Chainwire Pepe Unchained (PEPU), a new meme coin project, has raised over $10 million during its presale event. The project, which is developing a Layer-2 solution ...
Analysts revise Nvidia stock price target before earnings
As Nvidia (NASDAQ: NVDA) approaches its highly anticipated second-quarter earnings release on August 28, 2024, the tech giant continues to capture the intense focus of investors. Despite recent marke...
HashKey Capital Presents: Decode: Legacy Trailer
Disclaimer: The information presented in this article is part of a sponsored/press release/paid content, intended solely for promotional purposes. Readers are advised to exercise caution and conduct t...
Pig Butchering Crypto Scams On The Rise: FBI Recovered $5 Million
The demand for the crypto industry has risen heavily in such a short span. Its popularity has grown thanks to its high profitability, trading options, and other relevant features. However, only the ex...
Bitcoin makes way to $65K as Powell decides to cut interest rates
Wake up, bulls! It’s your time to shine. Federal Reserve chairman Jerome Powell has finally agreed to cut America’s interest rates next month ahead of the presidential election. Bitcoin was quick to r...
Coinbase analysts doubt rate cuts will drive market movement
Crypto markets remain stagnant despite expectations of Fed rate cuts, with Coinbase analysts warning that monetary easing alone is unlikely to drive a recovery. Coinbase analysts question whether mone...
Stablecoin Market Grows by $1.3B in 5 Days as Tether Leads the Charge
Over the past five days, the stablecoin market has continued its upward trend, increasing by $1.3 billion in value. The largest stablecoin network by market capitalization, tether (USDT), experienced ...
The Crypto Elite’s Growing Condemnation of Ripple & Cardano
Ripple was once the favorite project within the crypto community. Their groundbreaking solutions for cross-border payments were widely viewed as one of the first large use cases of cryptocurrencies. O...
Largest Dogwifhat Holder Buys 21.9M More WIF
In the past 24 hours, dogwifhat (WIF) has experienced sideways trading, yet whales continue to accumulate the asset. The largest WIF holder, who has amassed over $68 million in profit, has been activ...
Seize the Opportunity: 3 Cryptos to Invest in Before Powell’s Jackson Hole Speech Affects the Crypto Market
Investors are eyeing key hints from Powell’s upcoming Jackson Hole address, which may shake the crypto market. With potential shifts on the horizon, certain cryptocurrencies show promising signs...
Major Large-Cap Altcoin on the Cusp of Rallying Further, According to Crypto Trader – Here’s Why
A closely followed crypto strategist believes that one top-10 altcoin is about to move another leg up. Pseudonymous analyst Altcoin Sherpa tells his 215,400 followers on the social media platform X th...
ASIC Rules Against Kraken Operator for Margin Trading Violations
ASIC released a ruling against Bit Trade Pty for not meeting the legal requirements of its margin trading product. The petition claimed margin trading products should have been treated as a credit fac...
Cryptocurrency Used to Launder $25M in Drug Money: Rhode Island Courier Pleads Guilty
TLDR: Rhode Island resident Agustin Villa pleaded guilty to money laundering conspiracy The operation laundered over $25 million using cryptocurrency Villa faces up to 20 years in prison and a fine of...
Well protected against the risk-off switch – ING
With the exception of Hungarian labour market data, the calendar is empty for Friday in the region. Even so, the focus shifts to the global story and news from Jackson Hole, ING’s FX strategist Franti...
AAVE soars 50% as tokenomics upgrade nears
Key Takeaways AAVE proposes eliminating the safety module and redirecting protocol revenue to stablecoin stakers. Aave currently holds a 70% market share in DeFi lending, with $7.4 billion in active l...
Base Dawgz Holders Mirgreate To Rival Meme Coin Currently Priced at $0.001777
As the meme coin market continues to evolve, investors are always on the lookout for the next big opportunity. Recently, Base Dawgz (DAWGZ) has captured significant attention, particularly due to its ...
Can potentially reach June’s high of 0.6223 – UOB Group
The New Zealand Dollar (NZD) is expected to trade in a sideways range of 0.6120/0.6160. On the weekly chart, overbought advance doesn’t appear to be losing steam yet; NZD could potentially reach June’...